$265,000
SOLD NOV 15, 2023

7518 S Bishops Way Franklin, WI 53132

3 Beds
2 Baths
1,128 Sq Ft
0.35 Acres

Recently Sold

$235 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

  • 2 Car Attached Garage
  • Bathtub with Shower
  • Walk-in Shower
  • Robinwood Elementary School Rated A
  • Patio
  • Forced Air Heating System

About This Home

As of April 2024

Remodeling opportunity. Calling all investors and rehabbers! Bring your incredible ideas to this tri-level on a beautiful Franklin street with large backyard and private tree line. 3 bedrooms, 2 baths with den/office on the lower level. Big backyard and family room. Plenty of potential! Cash buyers preferred.

Last Agent to Sell the Property

Caleb Selensky

Parkway Realty, LLC License #93231-94 Listed on: 10/09/2023

Last Buyer's Agent

Aaron Gerakosov

Coldwell Banker Realty License #59072-90

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,842

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • 1,128 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Aluminum Trim

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Basement

  • Partial Basement
  • Sump Pump

Outdoor Features

  • Patio

Schools

  • Forest Park Middle School
  • Franklin High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's Personal Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,842

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Inclusions: Microwave, Dishwasher
  • New Construction: No
  • Year Built: 1987
  • Cleared Acreage: Less than 1/2
  • Architecture: Contemporary
  • Full Street Address: 7518 S Bishops WAY
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Lot Acreage: 0.35
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Microwave
  • Has Basement: Partial, Poured Concrete, Sump Pump
  • Interior Amenities: Wood or Sim.Wood Floors
  • Bathroom Description: Shower Over Tub, Shower Stall
  • Room Bedroom2 Level: Upper
  • Bedroom 3 Level: Upper
  • Den Office Level: Lower
  • Family Room Level: Lower
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Master Bedroom Width: 10
  • Second Floor Total Sq Ft: 1128.00

Exterior Features

  • Exclusions: Seller's Personal Property
  • Exterior Features: Patio
  • Exterior Building Type: Tri-Level
  • Exterior: Aluminum/Steel, Aluminum, Brick, Brick/Stone, Aluminum Trim, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Opener Included, Attached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Franklin Public
  • Middle School: Forest Park
  • High School: Franklin
  • High School: Franklin
  • Junior High Dist: Franklin Public

Lot Info

  • Zoning: R5
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2022
  • Total Taxes: 4842.0

MLS Schools

  • Middle School: Forest Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Apr 5, 2024
Sold by
New Wave Mgmt & Realty Llc
Bought by
Henry Alex and Henry Shaye
Seller's Agent
Aaron Gerakosov
Coldwell Banker Realty
Buyer's Agent
Hoffmann Team*
RE/MAX Lakeside-Central
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
355
Current Estimated Value
$420,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,208
Avg. Annual Appreciation
3.36%
Original Mortgage
$340,000
Outstanding Balance
$334,939
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$85,269

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 14, 2023
Sold by
Sky Property Solutions Llc
Bought by
New Wave Management & Realty Llc
Seller's Agent
Caleb Selensky
Parkway Realty, LLC
Buyer's Agent
Aaron Gerakosov
Coldwell Banker Realty
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Views
185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
187.41%

Purchase Details

Closed on
Sep 6, 2023
Sold by
Jean M Harriman Trust
Bought by
Sky Property Solutions Llc

Purchase Details

Closed on
Nov 29, 2000
Sold by
Harriman Jean M
Bought by
Harriman Jean M and The Jean M Harriman Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Listed On Document
Warranty Deed $265,000 None Listed On Document
Deed $215,000 None Listed On Document
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $400,000 0.0% $229 / Sq Ft
02/14/2024 02/14/24 For Sale $399,900 +50.9% $229 / Sq Ft
11/15/2023 11/15/23 Sold $265,000 -3.6% $235 / Sq Ft
10/23/2023 10/23/23 Price Changed $274,900 -1.8% $244 / Sq Ft
10/10/2023 10/10/23 For Sale $279,900 -- $248 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,631 -- -- --
2023 $5,002 $320,200 $62,700 $257,500
2022 $4,981 $263,200 $62,700 $200,500
2021 $4,884 $245,000 $58,200 $186,800
2020 $5,030 $0 $0 $0
2019 $5,325 $221,000 $58,200 $162,800
2018 $4,664 $0 $0 $0
2017 $5,118 $201,800 $58,200 $143,600
2015 -- $164,400 $53,800 $110,600
2013 -- $164,400 $53,800 $110,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aaron Gerakosov

    Coldwell Banker Realty

    (414) 522-2228

    4 in this area

    127 Total Sales

    Aaron Gerakosov
    Section Image

  • H

    Buyer's Agent in 2024

    Hoffmann Team*

    RE/MAX Lakeside-Central

    (414) 897-0098

    29 in this area

    326 Total Sales

    Hoffmann Team*
    Section Image

  • C

    Seller's Agent in 2023

    Caleb Selensky

    Parkway Realty, LLC

    (414) 651-5546

    3 in this area

    33 Total Sales

    Caleb Selensky
    Section Image
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Map

Source: Metro MLS

MLS Number: 1853615

Metro MLS

APN: 795-0269-000

Wisconsin Milwaukee County Franklin 53132

7518 S Bishops Way, Franklin, WI

This home is located at 7518 S Bishops Way, Franklin, WI 53132 and is currently priced at $265,000, approximately $234 per square foot. This property was built in 1987. 7518 S Bishops Way is a home located in Milwaukee County with nearby schools including Robinwood Elementary School, Forest Park Middle School, and Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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